Q2 2024 Yamaha Corp Earnings Presentation Transcript

Nov 02, 2023

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Nov 02, 2023 / 01:00AM GMT
Presentation
Nov 02, 2023 / 01:00AM GMT

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Corporate Participants
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* Takuya Nakata
Yamaha Corporation - President, Representative Executive Officer & Director

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Takuya Nakata - Yamaha Corporation - President, Representative Executive Officer & Director

This is Nakata. I'm pleased to see you. Thank you very much for sparing your precious time to attend Yamaha's briefing on the second quarter of FY March 2024. I'd also like to express my sincere gratitude for your continued support and understanding of our business. Now I'd like to start a briefing on the first half results.

Please turn to the next page for the highlights. First, regarding the results of the first half. Due to the slow recovery in the Chinese market and the weakness of the digital pianos market, the musical instruments saw a big decline of sales.

Yet with the recovery of B2B audio equipment and the positive impact of foreign exchange rates, the overall revenue increased. However, reflecting the revenue

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